BookMyForex launches Interbank Rate Forex Card with zero markup

BookMyForex co-branded multi-currency card developed in association with Yes Bank, M2P and powered by Visa.

“Despite the wide range of international travel cards, customers still do not get a clear picture of a product which is best suited for overseas spends. Overseas transactions on debit/credit cards issued by banks are subject to up to 5% at interbank rates May be marked up higher. Some INR card products that claim zero markup actually offer zero markup on Visa/Mastercard rates, which can be extended up to 1% on interbank rates. Hence, zero markup zero markup Unless it is zero markup on interbank rates,” Motwani said in the company statement.

BookMyForex claims that the card is accepted globally in over 35 million stores, 1 million e-commerce websites and over 2 million ATMs. “The card can be loaded with 14 different currencies, and unlike any INR based debit or credit card the exchange rates on the forex card remain constant. No need to worry about damage.”

As an additional offer, BookMyForex will also provide a free International SIM with Interbank Rate Forex Card along with unlimited incoming calls and WhatsApp chat. “This SIM card will allow travelers to stay connected overseas with unlimited free incoming calls and WhatsApp chats for 30 days after activation. The customer can easily top up this SIM card with additional data and voice packs as per their requirement.” Will be able to up